【$RIVER Signal】Long | Healthy Reset After Breakout with Volume

After a 22% increase with volume, $RIVER is consolidating in a narrow range at high levels. This is a typical cooling-off period after a breakout, indicating a healthy reset rather than a top distribution. The order book shows strong buying absorption with no obvious selling pressure.

🎯 Direction: Long

🎯 Entry: 22.40 - 22.70

🛑 Stop Loss: 21.80 ( Rigid Stop Loss )

🚀 Target 1: 24.50

🚀 Target 2: 26.00

The breakout at $RIVER was accompanied by a significant increase in open interest, which is a clear signal of main capital entering the market, rather than just short covering. After the breakout, the price did not quickly retrace but instead formed a tight flag pattern at high levels, indicating strong bullish control. Short-term pullbacks on lower timeframes were quickly absorbed. As long as the price stays above the breakout confirmation zone of 22.00-22.40, the probability of continuing upward is much higher than reversing. Small losses, big gains—earning the probability of trend continuation after the breakout.

Trade 👇 $RIVER

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